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Aug 25, 2011

GREECE News, Aug 24, 2011


Travellers warned as malaria hits Greece
OnMedica
Since June the HPA says it has been made aware of six reported cases of malaria in Greece. All six cases were seen in people who had no history of travel to a country where malaria is common. Five of these cases were in Greek adults and one was in a ...
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City looking at businessman's criminal past in Greece
Globe and Mail
He fired on four construction workers during an argument outside his home, according to Greek court documents. Mr. Voidonicolas told The Globe that he was protecting his wife and children. “Quite frankly, I don't know what the city can or should do, ...
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Globe and Mail
Greek 10-Year Yield Rises to Record High on Speculation Bailout May Fail
Bloomberg
“There's not much that can worsen the situation from where we are now.” Greek 10-year bond yields climbed 46 basis points to 18.35 as of 8:04 am in London. They reached a euro-era record 18.54 percent earlier. The 6.25 percent security due in June 2020 ...
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From Greece to driving cabs to 'The Circle' for Surrey's Manolis
Surrey Now
Of course, nothing passed between the two men, but it did inspire a story that was published in aGreek magazine, and it later served again as context for The Circle. For the most part, though, the writer's first love is poetry. ...
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Greek Banks Set to Lose €5 Billion in Bonds Swap
Wall Street Journal
In July, European Union leaders agreed to a new €109 billion aid program for Greece to cover its financing needs for the next several years. Central to the Greek plan is a distressed-debt exchange whereby the country's private-sector creditors agree to ...
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Credit Agricole May Post Decline in Quarterly Net on Losses at Greek Unit
Bloomberg
EU leaders agreed to a 159 billion-euro aid package for Greece on July 21, the country's second following a 110 billion- euro bailout in May 2010. State asset sales will make up part of the financing of that plan, while holders of Greek debt will ...
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Greek Yogurt: So Hot Right Now
Gothamist
I buy Greek yogurt because I'm not going to strain the water out of regular yogurt to make tzatziki. can greece get out of their financial problems if the govt just concentrate on exporting their googurt onto the rich american sheeps? ...
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Gothamist
Uncertain future for Schembri at Volos
Times of Malta
The government's decision came just a few days after a visit to Greece by UEFA president Michel Platini. The Frenchman met Prime Minister George Papandreou to discuss ways to stop corruption inGreek football. During that meeting, Platini did not ask ...
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Tens Of Thousands Of Greek Businesses Face Closure-Survey
Wall Street Journal
According to the latest government estimates, Greece's economy could shrink by up to 5.3% this year, after contracting 4.5% in 2010. Recent unemployment data show that 822000 workers--some 16.6% of the workforce--are now jobless. ...
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Greek FM:The recent developments presage a new future for Libya
EMportal
Greece and the international community will continue to support this effort, with respect for the sovereignty of Libya and the will of the Libyan people. The European Union, in particular, needs to support the institution building effort with all its ...
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Bank of Montreal Special Call
Seeking Alpha
Further declining government spending and increasing taxes or limiting wage increases is something that we have seen introduced in Greece, in Ireland, in Portugal, now in Spain, and very aggressively in Italy and increasingly in France. ...
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Transfiguration Church of Mattituck Initiates Social Change
Western Queens Gazette
He paints the Greek countryside that inspires him.” His family and friends have contributed to the growth of the Greek-American community. They brought their entire family to buy summer homes.Now their grandchildren, nieces and nephews enjoy the ...
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Greece Drops in Popularity Among Gay Tourists
Greek Reporter
However, now other non-Greek cities seem to be summer holiday destinations of choice, according to the research firm OutNow Consulting, based in Amsterdam. Another research company states that Greece is not among the top 10 countries that gay tourists ...
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Greek Reporter
Fanning The Financial Crisis: Has Regulation Gone Wrong?
Forbes
In an article recently published in INSEAD Knowledge, he says that “European taxpayers are asked to bail out Greece and other southern European countries to avoid a financial meltdown. The logic is that most Greek and other government debt are held by ...
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Amid Protests, Greece Enacts Bill Meant to Make Universities More Competitive
Chronicle of Higher Education (subscription)
Anything seen as a step toward privatization in the higher-education sector has been especially controversial, even when, as is now the case, the government insists it has no intention of opening the door to privatization. This latest effort comes at a ...
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Chronicle of Higher Education (subscription)
Top 10 Foreign Movie Romances
Movies.ie
Inspired by The Inbetweeners movie visit to Greece, we pick our favourite 'foreign affairs' in the movies... In The Inbetweeners Movie, the horny, hapless heroes decamp to a Greek island for a summer holiday in search of - as the sex-obsessed Jay would...
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Movies.ie
Greek-Finnish collateral accord 'off table' – Handelsblatt
ForexLive (blog)
By Gerry Davies || August 25, 2011 at 05:51 GMT Handelsblatt, citing people familiar with the matter,report that Finland's agreement with Greece on collateral won't be accepted by other euro zone members. Ummmm, I think we'd kinda gathered that ...
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Espial announces Greek partnership
Ottawa Business Journal
Espial Group Inc. (TSX:ESP) is now providing on-demand television services to OTE,Greece's largest telecom operator, the Ottawa firm stated. The European firm has more than 3.5 million subscribers and will integrate Espial's digital television network ...
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Ottawa Business Journal
Market's optimism must be tempered with reality
Irish Independent
The same cannot be said for either Greece or Portugal. At a very basic level, Ireland still makes things. Many other countries don't and this is one of the reasons why we are likely to post some economic growth this year, while the Greek economy is ...
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When someone says why Nashua I say WineNot
The Union Leader
From Greece. A blend that contains the less familiar grape Rhoditis, a light bodied fruit-forward citrusy Greek grape. It's bright and clear in the glass, lemon-gold in color, medium-plus intensity on the nose that includes citrus fruit and hints of ...
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Venizelos: Next Two Months Expected Very Tough
Capital.gr (press release)
How could privatizations proceed while the Greek exchange is in free fall? What was the reason for the agreement with Finland on collaterals? Why VAT in food services jumped to 23%? Is the medium-term fiscal package on track? Will there be new measures ...
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• The Greek/German spread widened partly on news that Troika has warned Greece ...
Proactive Investors UK
In other news, the Eurozone 10-year government bond yield spreads narrowed across the board, with the exception of the Greek/German spread, which widened partly on news that Troika has warnedGreece on public payroll and public mergers. ...
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Eurozone crisis: So what is the solution?
MindfulMoney
The Finnish prime minister, Jyrki Katainen has said that the country may withdraw support for theGreek bailout, as reported in the Daily Telegraph. If Finland's bilateral agreement with Greece over collateral payments was overruled, the Nordic country ...
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Science Diction: The Origin Of 'Chemistry'
Science Friday
The word chemistry is said to have roots in either ancient Egypt or Greece. Science historian Howard Markel discusses the word's origin, and the modern naming of the field of chemistry by British natural philosopher and alchemist Robert Boyle in his ...
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Science Friday
• The cost of going green in Greece.
The Fortnightly Review
And the bounty of the Greek countryside has often been all that has stood between people and starvation. During the famine of 1941–1942 under the German occupation, when some three hundred thousand people died of starvation in the greater Athens area ...
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Quiet day ahead
FXstreet.com
As long as this situation prevails, there is a latent danger that the Greek will not be given the rescue package that they need. Moreover, it is being questioned whether Greece will at all be able to meet the requirements made by the EU and the IMF now ...
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